New Interests definition

New Interests has the meaning set forth in Section 8.7.C hereof.

New Interests has the meaning set forth in Section 3.05.

New Interests means, collectively, the: (a) OpCo Common Stock; (b) OpCo Series A Preferred Stock; (c) PropCo LP Interests; (d) PropCo LP GP Interests; (e) PropCo GP Interests; (f) PropCo Preferred Equity; (g) REIT Common Stock; (h) REIT Preferred Stock; (i) membership interests, stock, partnership interests, or other equity interests in CPLV Sub; (j) membership interests, stock, partnership interests, or other equity interests in CPLV Mezz; and (k) membership interests, stock, partnership interests, or other equity interests in the TRS(s).

Examples of New Interests in a sentence

• The Board by Supermajority Board Vote is hereby authorized, subject to Section 15.9, to amend this Agreement to reflect such issuance and to fix the relative privileges, preference, duties, liabilities, obligations and rights of any such New Interests, including the number of such New Interests to be issued, the preference (with respect to Distributions, in liquidation or otherwise) over any other Units and any contributions required in connection therewith.

• The Notice (the “Class B Offer Notice”) shall specify (i) the number of Membership Interests offered for sale (the “New Interests”), (ii) the price per Membership Interest at which the Company desires to sell such New Interests and (iii) the other terms and conditions of the proposed offering.

• The Managing Member is hereby authorized, subject to Section 15.09, to amend this Agreement to reflect such issuance and to fix the relative privileges, preference, duties, liabilities, obligations and rights of any such New Interests, including the number of such New Interests to be issued, the preference (with respect to Distributions, in liquidation or otherwise) over any other Units and any contributions required in connection therewith.

• On or before the first Asset Acquisition after the Effective Date, Company shall issue to Manager or its designee, free and clear of all Liens (except those Liens arising under applicable securities laws and under the Operating Agreement), the New Interests pursuant to an amendment to the Operating Agreement, a purchase agreement and other ancillary documents in form and substance acceptable to Manager.

• Subject to the approval of the Bankruptcy Court, the Company has the requisite power and authority to enter into the Transaction Documents, to perform its obligations thereunder, and to issue and sell the New Interests.

More Definitions of New Interests

New Interests has the meaning set forth in Section 3.4. “New Securities” has the meaning set forth in Section 9.1(b).

New Interests shall have the meaning set forth in Section 5.7(a).

New Interests means the common stock, limited liability company interests, or other equity interests or economic interest, as the case may be, in the Reorganization Trust.

New Interests means Additional Units and Derivative Instruments issued or to be issued by the Partnership after the Closing Date; provided, that the term “New Interests” shall not include Additional Units or Derivative Instruments (to the extent approved by the General Partner, as applicable) issued or to be issued (i) in connection with any merger, consolidation, acquisition or any similar transaction; (ii) in connection with any reorganization or recapitalization, in each case, in which such Additional Units or Derivative Instruments are issued for or in respect of previously outstanding Units and the Percentage Interests of holders of such Additional Units issued upon completion of the transaction is the same as the Percentage Interests of such holders of previously outstanding Units prior to the completion of the transaction; (iii) to the selling Persons in connection with the acquisition by the Partnership of a Person or other assets; provided, that such Units or other equity securities are issued as consideration for such acquisition (including issuances to management of such Person in connection with such acquisition); (iv) in any underwritten public offering registered under the Securities Act pursuant to an effective registration statement; (v) as compensation to employees, officers or consultants of the General Partner, the Partnership or any Subsidiary; or (vi) to any unaffiliated debt holders of the Partnership in connection with financing transactions in which the Units or other equity securities issued do not exceed five percent (5%) of the aggregate Units held by all Partners; provided, that any such transaction described in the foregoing clauses (i) through (vi) is approved in accordance with this Agreement.

New Interests means the equity interests in Reorganized Dream II.

New Interests has the meaning ascribed to such term in Section 3.4(b)(ii);

New Interests means the new Interests of Reorganized Bruin to be issued on the Effective Date pursuant to the terms herein.